How to Buy Magnolia Oil & Gas Stock
Magnolia Oil & Gas Corp
Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States.
Magnolia Oil & Gas stock last closed at $22.94, down 0.99% from the previous day, and has decreased 9.26% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.11 percentage points. Magnolia Oil & Gas stock is currently +20.17% from its 52-week low of $19.09, and -20.95% from its 52-week high of $29.02.
At the moment, there are 192.47M MGY shares outstanding. The market cap of MGY is $4.42B. In the last 24 hours, 8.28M MGY shares were traded.
How to Buy Magnolia Oil & Gas Stock
Wondering how to invest in Magnolia Oil & Gas stock? Here's how.
- Choose where to buy Magnolia Oil & Gas stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Magnolia Oil & Gas stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Evaluate Magnolia Oil & Gas stock: The Magnolia Oil & Gas ticker symbol is MGY. Is Magnolia Oil & Gas stock a good investment? Should you buy shares of MGY? How do MGY's underlying business fundamentals look? Do top analysts think Magnolia Oil & Gas is a good buy? Why has MGY's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if MGY is a good stock to buy).
- Place your MGY buy order: Decide if you will purchase MGY shares at the current market price or use a limit order to buy MGY shares at a specific price.
- Watch your investment in MGY: Create a watchlist to key updates about your investment in Magnolia Oil & Gas shares.
Step 1: Choose where to buy Magnolia Oil & Gas stock
You need a brokerage account to access the NYSE market and buy MGY stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you are able to buy MGY today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on a good online stock trading app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring money into your brokerage account.
Step 4: Evaluate Magnolia Oil & Gas stock
After you have chosen the best place to buy Magnolia Oil & Gas stock, it's absolutely critical to research their stock before you invest, so you actually comprehend the risk as well as the upside.
Magnolia Oil & Gas Numbers
Magnolia Oil & Gas Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on MGY's stock page.
How is MGY stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge MGY's intrinsic value.
Using relative valuations ratios:
- MGY could be undervalued based on its P/E ratio of 11.41x, relative to Oil & Gas E&P industry P/E ratio of 16.59x
- MGY could be overvalued based on its P/B ratio of 2.28x, relative to Oil & Gas E&P industry P/B ratio of 1.56x
You can do more valuation research on MGY's stock here.
MGY Financials at a glance
Positive Financial Indicators:
- MGY earnings of $501.80M is not enough to cover its interest payments.
- Total MGY debt is lower than 5 years ago, relative to shareholder equity.
- MGY's operating cash flow of $934.41M allows it to safely service it's debt of $392.70M.
- There are more short-term assets than short-term liabilities on the MGY balance sheet.
Negative Financial Indicators:
- MGY profit margin has gone down from 30.5% to 28.5% in the past year.
- There are more long-term liabilities than short-term assets on the MGY balance sheet.
- MGY has a relatively high debt to equity ratio of 0.46.
Do analysts think it's a good time to buy Magnolia Oil & Gas stock
Out of 9 Equities analysts who track MGY, the consensus analyst rating on MGY is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest MGY Analyst Ratings
Paul Diamond, a top 37% analyst from Citigroup maintains MGY with a strong sell rating and lowers their MGY price target from $22.00 to $19.00, on Apr 8, 2025.
Zach Parham, a top 14% analyst from JP Morgan maintains MGY with a hold rating and lowers their MGY price target from $28.00 to $24.00, on Mar 13, 2025.
Umang Choudhary, a top 33% analyst from Goldman Sachs downgrades MGY to a hold rating and lowers their MGY price target from $27.00 to $26.00, on Jan 31, 2025.
Neal Dingmann, a top 8% analyst from Truist Securities maintains MGY with a strong buy rating and raises their MGY price target from $33.00 to $34.00, on Jan 13, 2025.
You can dig deeper into what analysts are saying on the Magnolia Oil & Gas stock forecast page.
MGY Technical Indicators
Is MGY Growing Revenue?
Last year, MGY earnings were $383.87M. Over the past 4 year, MGY's earnings have increased by 44.58% per year. This was faster than the Oil & Gas E&P industry average of 9.22%.
Last year, MGY revenue was $1.35B. In the past 5 year, MGY's revenue has gone up by 8.28% per year. This was slower than the Oil & Gas E&P industry average of 13.13%.
Dive into MGY's earnings and revenue performance here.
Who is buying/selling MGY?
Over the past 12 months, insiders at MGY have sold more shares than they have bought.
Shandell Szabo, Director of MGY, was the latest MGY insider to buy. They bought $249,870.30 worth of MGY shares on May 2, 2025.
Learn more about who owns MGY stock here.
Can I get consistent income from MGY stock?
Magnolia Oil & Gas pays a dividend of 2.44%, compared to the Oil & Gas E&P industry's average dividend yield of 4.42%. If you owned $1,000 worth of MGY stock, you would have been paid $24.41 last year.
Find more data about Magnolia Oil & Gas dividend yield and history here.
What others are saying about MGY
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your MGY buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in MGY
Now that you own some shares in MGY, you'll want to keep up with your investment.
Put MGY on a watchlist to keep tabs on your MGY stock.
MGY Feed
How to Buy Stock in Magnolia Oil & Gas
To summarize, here are the 6 steps for buying Magnolia Oil & Gas stock:
- Choose where to buy Magnolia Oil & Gas stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Magnolia Oil & Gas stock
- Place your MGY buy order
- Watch your investment in MGY
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Magnolia Oil & Gas, create a watchlist on WallStreetZen today.
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